News

Insurance

Investment income helped US P&C mutuals ride out cat losses: AM Best

The segment faced pressure from inflation, traditional losses, weather-related events.   4 October 2024

Insurance

Milton, Helene to hit Florida property re/insurers hard; 1/1 renewals in jeopardy

1/1 renewals for property reinsurance programmes could be ‘more problematic’, analysts warn.   10 October 2024

Insurance

Private flood insurers needed to solve NFIP challenges long-term

Market share growth among private flood insurers has stagnated: AM Best.   8 October 2024

Insurance

Milton threatens $25bn insured losses, best-case scenario still dire

Even if Milton weakens before hitting Florida, losses could rival that of Hurricane Katrina.   9 October 2024

Insurance

ASIC strikes strategic deal to expand excess and surplus reach

The partnership will include a multimillion-dollar capital provision.   16 October 2024

Technology

Swiss Re to sell white label P&C business iptiQ to Allianz

Swiss Re previously admitted it was ‘not the best owner for this business in the long term’.   5 November 2024

Insurance

US E&S market past peak growth but remains bullish

Growth in the E&S sector peaked in 2021 but it still outpaces P&C growth.   5 October 2024

Insurance

Why educating the industry about ILS is so important

ILS offers a good alternative to reinsurance, says the ILS Education Programme.   22 October 2024

Insurance

Personal lines, investment income drive US P&C underwriting gains

The US segment posted a $3.8 billion net underwriting gain in 1H2024.   4 October 2024

Reinsurance

SiriusPoint shakes up underwriting leadership to bolster 2025 growth plans

The move aims to ensure its operating model ‘is well structured for the next chapter’.   12 November 2024

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